Profitable Staffed Salon With More Growth Potential
Profitable Staffed Salon With More Growth Potential
Price: $190,000
Listing ID: 1597872
Great turnkey business opportunity ready for you to take the reins. Step into a beautiful business with ease. Business runs itself. 6 stylists, with room for more. This salon has a 5 star reputation on Google and Yelp. Take over the name and reap the benefits of a well established 8 year success story. Company draws its new clients from the growing area demographics that Google "Salon near me". This is Atlanta's "Go To" neighborhood. On the cusp of Midtown, near Ponce City Market, and off the Beltline, you can't beat the location. Offering some of the most sought after trends in hair services, clients love to return to this eclectic and chic salon. This company has built a fantastic name and builds its profit every year.
Gross Revenue: $550,031
Cash flow: $90,000
EBITDA: $90,000
FFE Included: $30,000
FFE: $30,000
Terms and Conditions?:
Inventory not included in asking price.
Reason For Sale:
Career change.
Training & Support:
All that is necessary for a smooth transition.
Year Established: 2011
Employees: 7
Monthly Rent: $4,346 /Month
Square Footage: 2,500
Facilities Information:
This space was built out specifically for this business and is located in a great area of Atlanta that has plenty of foot traffic. Multiple apartment communities and major in-town shopping is around the corner. Also local art is displayed in the salon.
Potential Growth:
With room for five more stylists there is ample room for growth.
Financing/Terms:
A small amount of financing may be available